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tigry1 [53]
2 years ago
14

The following information was available for the year ended December 31, 2019:

Business
1 answer:
ozzi2 years ago
5 0

Answer:

The number of days’ sales in accounts receivable for 2019, using year-end accounts receivable were ____21.9 days almost 22 days

Explanation:

The days ' sales in receivable is computed by dividing the current balances of receivables by net credit sales over the year just completed and then multiplying by 365 (number of days in a year).

Days' Sales in receivable= (Accounts Receivable/ Net sale )*365

Days' Sales in receivable=(Accounts receivable at year-end/ Net sale )*365

Days' Sales in receivable= (18,000/$ 300,000)*365

Days' Sales in receivable=(0.06)*365= 21.9 days

It means it will take almost 22 days to collect cash from ending accounts receivable.This number reflects one or more of the following factors; a company's ability to collect receivables , customer financial health , customer payment strategies and discount terms.

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Bowering Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.60 Direct labor
ArbitrLikvidat [17]

Answer:

3. $53,550

Explanation:

Product Cost:

Cost per Unit Cost per Period Direct materials $ 6.60

Direct labor $ 3.85

Variable manufacturing overhead $ 1.50

Fixed manufacturing overhead $ 81,000

Period Costs:

Sales commissions ($0.50 x 9,000 )                        $4,500

Variable administrative expense ($0.50 x 9,000 )  $4,500

Fixed selling and administrative expense                <u>$44,550</u>

Total Period Cost                                                        <u>$53,550</u>

For financial reporting purposes, the total amount of period costs incurred to sell 9,000 units is $53,550.

3 0
2 years ago
Hi, Sierra,
hichkok12 [17]

Answer:

Question requires that you find five sentence fragments, one dangling modifier, one passive-voice sentence, and one parallelism fault.

Sentence Fragment

A sentence fragment is so because it is either missing a subject, or a verb, and/ or a complete thought. It is therefore an incomplete sentence.

  • 5. Although no clear line separates fun from profit or a hobby from a business.
  • 12. If you spend eight or more hours a day trading on eBay.
  • 17. If you spend $5 for a garage sale vase and sell it for $50.
  • 18. The IRS would probably consider this a business transaction.
  • 20. Even for eBay sellers who are just playing around. (not a proper sentence)

Dangling Modifier

Attempts to modify an unclear word in the sentence

  • 19. All profits are taxable.

It is unclear what profits the sentence alludes to.

Passive-voice sentence

In Passive voice, the subject of the text is the one that is being acted upon.

  • 13. The IRS would tend to think you are in a business.

Parallelism Fault

This occurs when the sentence is not grammatically parallel. In other words the sentence does not follow as it is not using the same structure.

  • 3. As you are probably already aware, you can use eBay or one of the other sellers to clean out your closets or to run a small business.
5 0
2 years ago
1.) What was the point of the opening story about the prevalence of bribery in Iraq?
NemiM [27]

1A) the point behind the opening story being about the prevalence of bribery in Iraq because it not only sets the plot of the audio, but if you read the details below it also goes with the question “Can today’s multinational corporations be a force for social good?” The opening of this helps the listeners to understand how different corporations work and really think about the questions in the details below.

2A) Governments are often less likely or able to confront issues like human trafficking and labor rights because they have not been able to solve cross border issues, if and when they try to work together than cannot come to a reasonable and or actionable agreements, so instead confronting issues such as human trafficking and labor rights they let them be. Corngold believes that only multinational corporations are able solve issues like that of human trafficking and labor rights. She believes this because they  have the resources, the global footprints, and the incent of profits to solve such challenges.

3A) A Corporate idealist are the employees of a particular business that pay remarkably close attention to the financial performance of their companies, and the ethical, environmental consequences as well. (they also pay close attention to the societal consequences to their companies)

4A) The root of the struggle here that could apply to other similar human rights-related ethical issues would be the fatalities dampens human rights such as freedom to life, and to good health. The speaker ultimately worked through the issue by telling the company the particular human rights they are violating, from here getting the number of fatalities from 8 to 0.

#5 is your understanding of business ethics, thin about the question and go from there

you are free to use my answers as examples. Hopes this helps you out


3 0
2 years ago
A customer is looking for a particular brand of sunscreen and has not been able to find it in the store. He approaches you and a
pav-90 [236]

Explanation:

Considering the given situation, I am being a shop keeper and you are being a customer.

Most likely to do:

  • Customers are king. So I don't want to tell any customer "no". So I would support him by saying "Currently the stock has moved, we expect the order to be placed today and will assure to give him tomorrow".
  • So the customer will get hope and would continue to bring business. Building rapport and keeping contacts with customer is the most important.

Least likely to do:

  • Just say to the customer that the stock is not available.
3 0
2 years ago
your investment advisor informs you that you do not need to pay a fee for his services. Instead, he invests your money for one m
MatroZZZ [7]

Answer: 12.68%

Explanation:

The Effective Annual Interest rate is the nominal interest rate adjusted for the number of compounding periods a financial product will experience in a period of time which is usually a year.

The formula is,

Effective annual interest rate = (1 + (nominal rate / number of compounding periods)) ^ (number of compounding periods) - 1

Plugging in the figures would give,

EAR = (1 + 0.01) ^ 12 - 1

EAR = 1.01^12 - 1

EAR = 12.68%

You might notice that in the bracket I did not divide the 1% by 12. This is because the 1% was already given as the month's interest rate.

6 0
2 years ago
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